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  • Yields and stocks dip ahead of US inflation data

    US bond yields and world equity markets dipped yesterday ahead of a widely anticipated US inflation report later this week that may provide some indication of the pace of future interest rate hikes by the Federal Reserve. Major stock indexes in...

  • IMF’s Lagarde says market swings are not worrying but wants reforms

    Sharp swings in global financial markets in the past few days are not worrying since economic growth is strong but reforms are still needed to avert future crises, the managing director of the International Monetary Fund has said. Christine...

  • Qualcomm, Broadcom plan to meet

    Qualcomm Inc and Broadcom Ltd plan to meet tomorrow to talk about the latter’s $121 billion acquisition offer, the first time the semiconductor companies will discuss the potential deal, people familiar with the matter said. The meeting comes...

  • IMO assistant secretary general appointment

    In recognition of his exemplary services, Stefan Micallef was recently appointed assistant secretary general of the International Maritime Organisation (IMO). The most senior member of the IMO management staff, this is also the most senior...

  • Amazon paid $90m for camera maker’s chip technology

    Amazon paid $90m for camera maker’s chip technology

    Amazon.com Inc. paid about $90 million to acquire the maker of Blink home security cameras late last year, in a secret bet on the start-up’s energy-efficient chips, people familiar with the matter said. The deal’s rationale and price tag,...

  • Efficiency and innovation in the financial services industry

    Efficiency and Innovation – The Way Forward for Malta’s Financial Services Industry – is the theme of this year’s annual conference of the Institute of Financial Services Providers. The conference, which is sponsored by Finance Malta, will be held...

  • Blockchain venture aims to modernise Islamic endowments

    Blockchain venture aims to modernise Islamic endowments

    A new venture aims to use blockchain technology to modernise the management and investments of Islamic charitable endowments, called waqf, that would tap into a vast but underutilised pool of assets across the Muslim world. Singapore-based...

  • World shares attempt bounce

    World shares climbed half a per cent yesterday, attempting to brush off fresh rises in global bond yields while equity futures also pointed to a firmer session on Wall Street which suffered its worst week in two years. A higher Friday close for...

  • Money market report for the week ending February 9

    On February 5, the European Central Bank announced its weekly main refinancing operation (MRO). The operation was conducted on February 6 and attracted bids from euro area eligible counterparts of €1.55 billion, €0.35 billion lower than the bid...

  • Maltco Lotteries’ partnership with Sweden’s ATG remains exclusive for Malta

    Maltco Lotteries’ partnership with Sweden’s ATG remains exclusive for Malta

    Maltco Lotteries and the Swedish Horse Racing Totalisator Board (ATG) have broadened their exclusive partnership. They signed an agreement in London during ICE Totally Gaming 2018, thus ensuring that Maltco Lotteries has sole access to top ATG...

  • The dynamics of power

    The dynamics of power

    We have all had to deal with the paradox of power at some stage in our lives. Power comes in many forms. Even cute newborns soon learn how to get what they want by crying incessantly. In the corporate world, some employees suck up to their bosses...

  • The fintech imperative

    The fintech imperative

    Banks, insurers and asset management companies are undertaking major transformation efforts – with a noticeable shift in established players looking at acquiring or partnering with fintech operations. KPMG International conducted a survey of more...

  • Excellence in management award

    Excellence in management award

    Emirates Skywards, the loyalty programme of Emirates airline, has clinched the award for Excellence in Management at the 10th annual Loyalty Awards 2018 organised by FlightGlobal and Global Flight and held in Bangkok on February 6. The award...

  • Shipping movements

    The following ships are expected in Malta: The Ludwig Schulte from Casablanca to Odessa, the Fiona from Aliaga to Bejaia (both CMA CGM Malta Agency Ltd), the MV Euroferry Malta from Salerno to Salerno, the MV Eurocargo Malta from Livorno to Genoa...

  • No more bets?

    No more bets?

    Because I have lived in Sweden for several years, served as Malta’s Ambassador to Sweden for four years, speak Swedish and have worked for a Swedish multinational, I regularly follow Swedish news and economic and legal developments. In the last...

  • Inflation’s back, markets react

    Regular readers of my column may recall that I pondered upon the alleged death of inflation. Despite enormous liquidity pump­ed into the financial markets by the world’s central banks and interest rates falling into deeply negative territory, and...

  • Minimal impact on local index as global equities dragged lower

    Minimal impact on local index as global equities dragged lower

    Notwithstanding the volatile week witnessed across the global equity market, which dragged most indices substantially in the red, the MSE Equity Total Return Index was barely impacted – having declined marginally by 0.021 per cent, to close the...

  • Bank of England signals it may need to raise interest rates ‘earlier’ in spite of Brexit

    Interest rates in Britain can be expected to rise “somewhat earlier” according to the Bank of England, preparing households and companies to expect a higher cost of borrowing in the coming years, even as the country prepares to leave the EU. The...

  • Le Méridien receives top health accolade

    Le Méridien receives top health accolade

    Le Méridien St Julian’s Hotel & Spa is one of just 49 hotels in Europe that has received top accolades for promoting a culture of well-being and health within the company. Organised each year by Marriott International, Le Méridien was awarded the...

  • GO appoints chief customer experience officer

    GO appoints chief customer experience officer

    Antonio Ivankovic has taken up the newly created role of chief customer experience officer at GO plc. Mr Ivankovic joins GO from Deutsche Telekom, where he was senior manager, partnering and business development. He will be responsible for...